GDXJ Coiling indicators - These

    Posted by angelique on 25th of Jan 2018 at 01:56 pm

    GDXJ Coiling indicators - These coiling indicators stood out to me on the daily GDXJ chart - I usually only look for overbought, oversold divergences and trade off much smaller time frames - but I always keep the longer term charts in mind and these coiling indicators aren't something I have seen before. Any thoughts MATT, STEVE or ANYONE?? (the purple horizontal lines are just marking previously important support resistance areas that are no longer on the chart)

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